Development And Reform Commission: Key Electricity Coal Contract Prices Should Not Be Disguised Price Increases.

2010/12/13 17:08:00 53

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Price Increases Of Electricity And Coal Contracts Of NDRC

In December 12th,

National Development and Reform Commission

Issued the notice to do a good job in the link up of coal production and pportation in 2011, which explicitly requested that the 2011 annual production and pportation needs link up.

Electricity coal contract

Prices remain unchanged in the previous year, and prices must not be disguised in any form.

The notice predicts that the total coal linkage in 2011 will be 9.32 billion tons, up 3% over the same period last year.

In 2011, the total supply and demand of coal was basically balanced. However, due to structural contradictions and uncertainties, there may still be imbalance between supply and demand in some areas and individual periods.

The NDRC said that the current level of total price stability and management

inflation expectations

The task is arduous. Coal and power enterprises should start from the overall situation of maintaining economic development and strengthen their self-discipline. At the same time, we must clean up all kinds of fees and funds collected in the current coal production and sales process in various regions and departments, cancel the fees and funds set up by local governments at all levels and related departments, and integrate similar and repetitive fees and funds, so as to lighten the burden of coal enterprises.